PARIS — Broadband hardware and services provider Viasat Inc. reported a sharp drop in aero-connectivity revenue for the three months ending June 30, as expected, but grew its consumer broadband subscriber revenue and suggested it would use its $575 million in new debt and equity for targeted acquisitions in a time of turbulent markets.
Viasat said the Covid-19 pandemic ultimately may permit the company to gain market share from service providers whose companies are dependent on in-flight-connectivity (IFC) service provision. Viasat’s portfolio of consumer broadband, commercial networks . . .
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